gabriella (OP)
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Activity: 336
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November 08, 2013, 01:16:24 PM |
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every post here is talking how good btc is and how it is superior to other systems.
what are some disadvantages and weaknesses and bad effects bitcoin cause on this world and our society, financially/economically/socially/technically/environmentally/etc, that even the most die hard btc fanatic cannot deny?
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revans
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
November 08, 2013, 01:37:51 PM |
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Grossly disproportionate rewards to a small community of self selecting early adopters.
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Littleshop
Legendary
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Activity: 1386
Merit: 1004
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November 08, 2013, 01:40:44 PM |
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Grossly disproportionate rewards to a small community of self selecting early adopters.
So in this case 'self selecting' would not be a bad thing.
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freequant
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
November 08, 2013, 01:42:23 PM |
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Threatening to undermine the status quo and to endanger some species such as bankers and politicians.
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vpitcher07
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
November 08, 2013, 01:45:26 PM |
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Threatening to undermine the status quo and to endanger some species such as bankers and politicians.
Gosh what a horrendous thought!
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Bitcoin: The currency of liberty 1HBJSf3Lm9i8KxjZ7fuoN9FJ8hniniFbv4
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RealT
Newbie
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Activity: 42
Merit: 0
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November 08, 2013, 01:51:11 PM |
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drugs
Nope, they were here a long time ago.
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Foxpup
Legendary
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Activity: 4480
Merit: 3164
Vile Vixen and Miss Bitcointalk 2021-2023
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
November 08, 2013, 01:58:00 PM |
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drugs
Bitcoin doesn't do drugs; people do drugs. ![Wink](https://bitcointalk.org/Smileys/default/wink.gif)
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Will pretend to do unspeakable things (while actually eating a taco) for bitcoins: 1K6d1EviQKX3SVKjPYmJGyWBb1avbmCFM4I am not on the scammers' paradise known as Telegram! Do not believe anyone claiming to be me off-forum without a signed message from the above address! Accept no excuses and make no exceptions!
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oakpacific
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
November 08, 2013, 02:00:17 PM |
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Making people sitting up from sleep in the night from time to time, worrying that their wallets protection systems are not meticulous enough, no more the blissful "peace of mind" they had when they used to put their money in the custody of good old trustworthy bankers.
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vandeam
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
November 08, 2013, 02:01:11 PM |
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drugs
Bitcoin doesn't do drugs; people do drugs. ![Wink](https://bitcointalk.org/Smileys/default/wink.gif) I disagree It seems like bitcoin took some blow on the white stuff 1-2 weeks ago.. ![Grin](https://bitcointalk.org/Smileys/default/grin.gif)
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jarhed
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
November 08, 2013, 02:03:36 PM |
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Chronic nightmares about pizza.
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ralree
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
November 08, 2013, 02:05:31 PM |
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The use of electrical power to secure the network, and an increase in doing so fueled by the greed of miners (I'm one of them). The calculations completed have no intrinsic value - they're just a means to the end of securing the network. As time goes on, if bitcoin continues to succeed, power consumption will continue increasing.
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1MANaTeEZoH4YkgMYz61E5y4s9BYhAuUjG
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beckspace
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
November 08, 2013, 03:18:06 PM |
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Making people angry because they were fooled the whole time.
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StarfishPrime
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
November 08, 2013, 03:21:29 PM |
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Grossly disproportionate rewards to a small community of self selecting early adopters.
I would add: Grossly disproportionate punishment of a few trolls who sold all their bitcoin at $12 and still can't get over it. ![Grin](https://bitcointalk.org/Smileys/default/grin.gif)
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¦ ¦ ¦¦¦ ¦¦ ¦¦¦¦ ¦¦ ¦¦¦¦ ¦ ¦¦ ¦¦¦¦ ¦¦¦¦¦¦¦¦ ¦¦¦¦¦¦¦ ¦¦¦¦¦¦ ¦¦¦ ¦¦¦¦¦¦ ¦ ¦¦¦¦¦¦ ¦¦ ¦ ¦¦¦¦ ¦¦ ¦¦¦¦ ¦¦ ¦ ¦¦¦¦ ¦¦¦ ¦ ¦¦¦¦¦ ¦¦¦¦ ¦ ¦¦¦¦¦¦¦¦ ¦¦¦¦¦ ¦ ¦¦ ¦¦¦¦¦¦¦¦¦¦ ¦¦¦¦¦ ¦ ¦ ¦¦¦¦¦¦¦¦¦¦¦ ¦¦¦¦ ¦ ¦¦¦¦¦¦¦¦¦¦¦¦ ¦¦¦¦ ¦ ¦ ¦¦¦¦¦¦¦¦¦¦¦¦¦¦ ¦¦¦ ¦¦ ¦ ¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦ ¦¦ ¦¦ ¦¦ ¦ ¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦ ¦¦ ¦ ¦ ¦¦ ¦ ¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦ ¦¦¦ ¦¦ ¦ ¦ ¦ ¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦ ¦¦¦ ¦ ¦ ¦ ¦¦ ¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦ ¦¦¦ ¦ ¦¦ ¦¦ ¦ ¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦ ¦¦¦ ¦¦ ¦¦ ¦ ¦ ¦ ¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦ ¦¦¦ ¦ ¦¦ ¦¦¦ ¦ ¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦ ¦¦ ¦¦ ¦ ¦ ¦ ¦ ¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦ ¦¦ ¦ ¦ ¦¦ ¦ ¦ ¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦ ¦¦ ¦ ¦¦ ¦ ¦ ¦ ¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦ ¦¦ ¦ ¦ ¦ ¦ ¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦ ¦¦¦ ¦ ¦¦ ¦¦ ¦ ¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦ ¦¦¦ ¦ ¦¦ ¦¦ ¦ ¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦ ¦¦¦¦ ¦ ¦¦ ¦ ¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦ ¦¦¦¦¦¦ ¦¦ ¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦ ¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦ ¦¦
| . TorCoin.....
| ¦ ¦ ¦ ¦ | Fully Anonymous TOR-integrated Crypto ¦ Windows ¦ Linux ¦ GitHub ¦ macOS
| ¦ ¦ ¦ ¦ | . ANN THREAD | ¦ ¦ ¦ ¦ |
[/center]
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StarfishPrime
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
November 08, 2013, 03:25:54 PM |
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Grossly disproportionate rewards to a small community of self selecting early adopters.
So did the wheel. ^^ best comment of 2013 ![Grin](https://bitcointalk.org/Smileys/default/grin.gif)
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¦ ¦ ¦¦¦ ¦¦ ¦¦¦¦ ¦¦ ¦¦¦¦ ¦ ¦¦ ¦¦¦¦ ¦¦¦¦¦¦¦¦ ¦¦¦¦¦¦¦ ¦¦¦¦¦¦ ¦¦¦ ¦¦¦¦¦¦ ¦ ¦¦¦¦¦¦ ¦¦ ¦ ¦¦¦¦ ¦¦ ¦¦¦¦ ¦¦ ¦ ¦¦¦¦ ¦¦¦ ¦ ¦¦¦¦¦ ¦¦¦¦ ¦ ¦¦¦¦¦¦¦¦ ¦¦¦¦¦ ¦ ¦¦ ¦¦¦¦¦¦¦¦¦¦ ¦¦¦¦¦ ¦ ¦ ¦¦¦¦¦¦¦¦¦¦¦ ¦¦¦¦ ¦ ¦¦¦¦¦¦¦¦¦¦¦¦ ¦¦¦¦ ¦ ¦ ¦¦¦¦¦¦¦¦¦¦¦¦¦¦ ¦¦¦ ¦¦ ¦ ¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦ ¦¦ ¦¦ ¦¦ ¦ ¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦ ¦¦ ¦ ¦ ¦¦ ¦ ¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦ ¦¦¦ ¦¦ ¦ ¦ ¦ ¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦ ¦¦¦ ¦ ¦ ¦ ¦¦ ¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦ ¦¦¦ ¦ ¦¦ ¦¦ ¦ ¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦ ¦¦¦ ¦¦ ¦¦ ¦ ¦ ¦ ¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦ ¦¦¦ ¦ ¦¦ ¦¦¦ ¦ ¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦ ¦¦ ¦¦ ¦ ¦ ¦ ¦ ¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦ ¦¦ ¦ ¦ ¦¦ ¦ ¦ ¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦ ¦¦ ¦ ¦¦ ¦ ¦ ¦ ¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦ ¦¦ ¦ ¦ ¦ ¦ ¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦ ¦¦¦ ¦ ¦¦ ¦¦ ¦ ¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦ ¦¦¦ ¦ ¦¦ ¦¦ ¦ ¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦ ¦¦¦¦ ¦ ¦¦ ¦ ¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦ ¦¦¦¦¦¦ ¦¦ ¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦ ¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦¦ ¦¦
| . TorCoin.....
| ¦ ¦ ¦ ¦ | Fully Anonymous TOR-integrated Crypto ¦ Windows ¦ Linux ¦ GitHub ¦ macOS
| ¦ ¦ ¦ ¦ | . ANN THREAD | ¦ ¦ ¦ ¦ |
[/center]
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revans
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
November 08, 2013, 03:27:23 PM |
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Grossly disproportionate rewards to a small community of self selecting early adopters.
So did the wheel. Wheels subsequent to the first one got easier to make. Had we applied a Bitcoin style model at this point wheels would be so difficult to produce that people would have to lease them off those that already have them.
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wtfvanity
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
November 08, 2013, 03:28:53 PM |
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The electricity used to protect the network is preventing a global mini ice age from happening. If global nuclear war were to break out, bitcoin would keep the planet from freezing.
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WTF! Don't Click Here . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
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Phinnaeus Gage
Legendary
Offline
Activity: 1918
Merit: 1570
Bitcoin: An Idea Worth Spending
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
November 08, 2013, 03:30:43 PM |
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Grossly disproportionate rewards to a small community of self selecting early adopters.
So did the wheel. Wheels subsequent to the first one got easier to make. Had we applied a Bitcoin style model at this point wheels would be so difficult to produce that people would have to lease them off those that already have them. Creating more wheels didn't make all the wheels stronger. But, the wheels would have been stronger if all the wheel makers joined a pool. ![](https://ip.bitcointalk.org/?u=http%3A%2F%2Fwww.coinlink.com%2FNews%2Fwp-content%2Fuploads%2F2010%2F08%2Flarge_yap_stone_money.jpg&t=665&c=_5mPSRTTvgwddQ)
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wtfvanity
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
November 08, 2013, 03:32:36 PM |
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Grossly disproportionate rewards to a small community of self selecting early adopters.
So did the wheel. Wheels subsequent to the first one got easier to make. Had we applied a Bitcoin style model at this point wheels would be so difficult to produce that people would have to lease them off those that already have them. Creating more wheels didn't make all the wheels stronger. But, the wheels would have been stronger if all the wheel makers joined a pool. Unless a wheel pool had more than 51% of the wheels.
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WTF! Don't Click Here . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
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Phinnaeus Gage
Legendary
Offline
Activity: 1918
Merit: 1570
Bitcoin: An Idea Worth Spending
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
November 08, 2013, 03:35:57 PM |
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Grossly disproportionate rewards to a small community of self selecting early adopters.
So did the wheel. Wheels subsequent to the first one got easier to make. Had we applied a Bitcoin style model at this point wheels would be so difficult to produce that people would have to lease them off those that already have them. Creating more wheels didn't make all the wheels stronger. But, the wheels would have been stronger if all the wheel makers joined a pool. Unless a wheel pool had more than 51% of the wheels. Wheel makers are a smart lot and would never let such a thing happen. They would simply switch pools. ![](https://ip.bitcointalk.org/?u=http%3A%2F%2Fc3e308.medialib.glogster.com%2Fmedia%2F55%2F55bcb0cff16195c91f30e9d5e463fb7cff9b18a4bb38a20af8882c3ae4bb644f%2Fmoneycarry-jpg.jpg&t=665&c=n5ngk6b-p3q0UA)
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